NU Online News Service, Nov. 18, 2004, 8:24 p.m. EST
MetLife Inc., New York, wants to show employers why disability costs matter to them.[@@]
The company’s insurance unit has published a group of free reports that analyze the effects of disability claims on employers in 5 major industry groups.
The reports, which draw on MetLife’s disability claims database, give industry disability risk profiles for employers in the services industry; the finance, insurance and real estate industries; the transportation, communication and utilities industries; the retail trade industry; and the manufacturing industry.
In the finance industry, for example, the largest percentage of disability claims came from women between the ages of 35 and 44 who were pregnant or had pregnancy complications.
In manufacturing, the highest percentage of claims came from men between the ages of 45 and 54, and the top short-term disability diagnostic category was for broken bones.
In addition to presenting claim statistics and other statistics, the reports also give examples of steps employers can take to reduce disability risk, MetLife says.
MetLife has posted the reports at http://www.metlifeiseasier.com/disabilitypr